A question I get asked a lot is why people should use a specialist property tax advisor rather than their own accountant? You may have wondered this yourself ...
In a nutshell, the right property tax advisor should help you to pay the lowest amount of Income Tax, Inheritance Tax and Capital Gains Tax. They will give you a clear way to structure your property wealth to minimise any tax you owe.
Post pandemic, the Government has to reduce its borrowing so is chipping away at reliefs and allowances. As nice as Rishi Sunak seems, you could feel he's reducing your profits, and rightly so. We now have the highest tax burden since the 1950s and landlords are an easy target for any Government.
So, you may already have felt the impact of the loss of tax reliefs on mortgage interest, and there's was even more regulation announced in the Autumn Budget 2021 so getting your tax structure is absolutely crucial.
By speaking to a specialist property tax advisor like me, you'll learn the best way to reduce your tax bill. You can be sure I keep up to date with the latest property tax legislation and will give you the best possible advice at all times.
If you'd like to find out more about anything I've written here, do call me on 01908 774323 or leave a comment below and let's see how I can help you.